The Fed said that Texas gained 35,800 jobs broadly across the economy, and raised its state employement forecast up a fraction to 1.3 percent. That put total forecasted job growth in the state to 154,200 jobs this year.
Speaking at the company’s sprawling Channelview complex where LyondellBasell will start up 250 million pounds of new ethylene capacity near the end of September, Patel said an announcement likely will come later this year on adding more production of polyethylene, which is the most common type of plastic.
Miller Energy, which relocated from Tennessee to Houston early this year, is fighting to stave off filing for bankruptcy, and the company said in a new CEO filing Thursday that it will pay the $5 million over three years.
The energy construction and engineering company is teaming up with the state-owned China National Offshore Oil Corp., or CNOOC, and its subsidiary, the Offshore Oil Engineering Co., to form the new COOEC Flour Heavy Industries Co.
The George C. Marshall Institute has recently released a study on fossil fuels and the economic well-being, http://marshall.org/energy-policy/fossilfuel-energy-and-economic-wellbeing. It describes why energy is an essential input to economic activity. Because fossil fuels are such a large part of the world’s energy supply, they play a dominant role in enabling people everywhere to enjoy a […]
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